XRP has confirmed a bear flag breakdown on the 4-hour chart, targeting the $2.00–$2.14 support zone. Bearish momentum is growing as price falls below key EMAs with rising volume and a weakening RSI.
A Bull flag pattern is forming, targeting $136K, which aligns with the 3rd of the 3rd wave target for the rally that started early April. Figure 1. Bitcoin’s daily price chart with our preferred EW ...
When it comes to forex trading, understanding market movements and price trends is essential for success. One of the most effective tools traders use to navigate this landscape is chart patterns.
Pattern recognition is one of the most beneficial traits humans have acquired through evolution. Processing information into patterns that enhance decision-making is why you can succeed in your ...
Every day trader is waiting for a big price break. And knowing how to recognize flag pattern trading could put you onto that break before it occurs. Flag patterns are a common occurrence in stock ...
EUR/MXN appears to be breaking out of the top of a Bull Flag price pattern. Such patterns signal the likelihood of more upside evolving.
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). In technical analysis, a flag is a price pattern resembling a flag on a flagpole ...
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